Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Crypto Whales Move Nearly $1 Billion in XRP – The Ripple Effect

by Daily Hodl Staff
November 28, 2018
in Altcoins

Crypto whales are moving incredible amounts of XRP.

Whale Alert on Twitter tracked $989,999,892 worth of XRP – all transferred within a four hour span.  

The entire amount was split between five transactions. The largest transaction was 999,999,959 XRP, worth $348,507,596. The top three transactions all went to the same address, which now holds 2.6 billion XRP.

? ? ? ? ? ? ? ? ? ? 999,999,959 #XRP (348,507,596 USD) transferred from Unknown wallet to Unknown wallet

Tx: https://t.co/Ev8EewPGcu

— Whale Alert (@whale_alert) November 27, 2018

? ? ? ? ? ? ? ? ? ? 749,999,979 #XRP (261,380,701 USD) transferred from Ripple OTC Distribution wallet to Unknown wallet

Tx: https://t.co/iwtpyoQsxv

— Whale Alert (@whale_alert) November 27, 2018

? ? ? ? ? ? ? ? ? ? 850,335,027 #XRP (296,321,202 USD) transferred from Ripple OTC Distribution wallet to Unknown wallet

Tx: https://t.co/DRGaLQfWrl

— Whale Alert (@whale_alert) November 27, 2018

? 40,000,000 #XRP (13,951,639 USD) transferred from Ripple OTC Distribution wallet to Unknown wallet

Tx: https://t.co/ujebBfIYeE

— Whale Alert (@whale_alert) November 27, 2018

? ? ? ? ? ? 200,000,000 #XRP (69,838,754 USD) transferred from Ripple Escrow wallet to Ripple OTC Distribution wallet

Tx: https://t.co/DjgvGOdWjj

— Whale Alert (@whale_alert) November 27, 2018

A number of the transactions appear to be Ripple moving some of its huge holdings of XRP. Ripple owns 60% of the total supply, with the vast majority of that amount locked in escrow.

Ripple regularly sells its XRP over-the-counter (OTC). The company recently revealed it doubled its sales of XRP in Q3 of this year, selling a total of $163.33 million worth of the digital asset, compared to $73.53 million in the previous quarter.

Much of the increase is attributed to sales made directly to institutions. Ripple sold $98.06 million to institutions, compared to just $16.87 million in the second quarter.

[the_ad id="42537"] [the_ad id="42536"]
 
Check Latest News Headlines


 
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • Saddle Finance Announces End of Lock-Up Period for Its SDL Token
    June 24, 2022
  • NFTs Accessible to All With Launch of Fiat-Focused SIMBA Market
    June 23, 2022
  • Korea Blockchain Week To Hold First Live Event in Seoul After Covid Hiatus
    June 23, 2022
  • CoinLoan Partners With Elliptic To Provide Crypto Users With Top-Notch Security
    June 22, 2022
  • Gate.io – The Crypto Winter Is a Good Time To Accelerate Web 3.0
    June 21, 2022
  • How the Earliest Soulbound Use Case Creates Real Web 3.0 Heroes
    June 21, 2022
  • ADI Whitelist – A Universal Identity Layer by Accumulate
    June 20, 2022
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$21,226.00
$21,226.00
0.45%
Ethereum
$1,217.70
$1,217.70
1.65%
Cardano
$0.503877
$0.503877
3.63%
XRP
$0.362953
$0.362953
1.28%
Dogecoin
$0.073405
$0.073405
10.26%

Spotlight

  • Cardano Founder Charles Hoskinson Comments on XRP Lawsuit, Calls It ‘Regulation Through Enforcement’
    June 21, 2022
  • Here’s What’s Next for Ethereum, Fantom and One Additional Altcoin, According to Analyst Michaël van de Poppe
    June 23, 2022
  • Top Bloomberg Analyst Says $20,000 Bitcoin May Be the New $5,000 – Here’s Why
    June 19, 2022
  • Trader Who Called 2018 Bear Market Bottom Says One Altcoin Already Gearing Up for Next Bull Market
    June 22, 2022
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2022 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2022 The Daily Hodl